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Federal National Mortgage Association Message Board

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  • DaveTny DaveTny May 19, 2008 4:24 PM Flag

    Anyone ever think about this?

    I agree - it's not the time to lower the downpayment requirements. If FNM lost 2.2 billion in the 1st 1/4 with 20% requirements - how much do we think they'll get beatup if they only require 3%. This is financial suicide. Would anyone here loan money on a home with only 3% down?

 
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